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A Risky Portfolio earned the following rates of return for a Risky Portfolio over the last 4 years: 12%, 9%, -7%, and 15%. If you
A Risky Portfolio earned the following rates of return for a Risky Portfolio over the last 4 years: 12%, 9%, -7%, and 15%. If you had invested a single lump sum of $1,000, how much would your investment be worth at the end of the four years?
a)$1275.79 | ||
b)$1,305.65 | ||
c)$1,323.09 | ||
d)$1,373.43 |
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